Two Muslim men are accused of defrauding $27MILLION in benefits for childcare centres that never existed – as police investigate whether money was used to fund ISIS

Two men have been accused of fraudulently claiming $27 million dollars in government benefits and rebates for family childcare centres in south-west Sydney.

Ali Assaad, 22, from Moorebank, allegedly lied to the government and submitted forged time sheets claiming he was looking after seven children at his home for eight hours a day to reap thousands of taxpayer’s dollars, Australian Federal Police claim.

Assaad, who was arrested and charged with fraud on Wednesday, is accused of working with his brother, Mohammad, in the scheme, earning a salary of more than $150,000 a year and allegedly stealing $27 million together since 2012, according to ABC’s 7.30.